Based this on a smaller time frame pattern. Tight stop. Worth the risk to me.
The daily chart on this is a bit choppy and difficult to read. Once you turn to the Weekly time frame, the story is clear. Sundays candle will be very telling in my opinion. See you Sunday to see how it closes.
Extended intraday target line only. Looking for it to act as support now.
Over the last few days there has been a lot of hype about a "golden cross" and now a "cup and handle". While these indicators do exist in the world of TA, they are not used as much as people think they are. Looking at pure price action and retracement levels, you can see a clear breakdown of what is happening. On a larger scale, price has held the 61.8 level while...
Short term watch for a little move like this should price break the minor trend line.
Here is a closer look as mentioned in the title. A nice trend line has formed which should theoretically provide support knowing that the .40 cent area is below it to act as additional support.
I am long this again. Tight stop after having been stoped a few times already scalping.
Expecting Litecoin to trade upwards of $175 per token in a couple of months... Currently trading at $61 per token. I am BULLISH on this.